Rarely does one read a newspaper article so completely in possession of the facts it strives to present, nor presents them in such a cogent fashion. This is indeed how events went down, and the reason Chrysler is not owned by the likes of Roger Penske and associates, who presumably would have made efforts at the acquisition had it been made available, as evidenced by their attempts regarding what was Saturn.
Jeep production in China and Italy may help Chrysler and Fiat, but I dn’t think the American auto worker is going to see it in exactly the light the Obama administration is casting it. In other contexts, it is exactly the same scenario in which the Obama administration mischaracterizes offshoring as outsourcing, in its condemantion of it. Barack Obama, international capitalist, has a certain hollow ring to it.
Obama didn’t rescue the U.S. auto industry: Here’s what actually did - Washington DC SCOTUS | Examiner.com